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The challenges for companies today are immense, driven by a wave of digitalization affecting all business models. Key issues include the dematerialization of various sectors, with money and services now becoming digital; the transformation of products into apps; the growing influence of social networks; and the interconnectedness of objects through the "Internet of Everything." The explosion of big data and the rise of the Share Economy further complicate the landscape, as traditional purchasing models are being replaced. Digital transformation and dematerialization impact every industry, necessitating that all companies adapt to remain competitive. New entrants with innovative business models are disrupting established brands, raising concerns about job losses due to automation and the use of robots in both industrial and service sectors. This urgent situation demands not only an acknowledgment of the challenges but also the exploration of viable solutions. The authors critically examine whether current political, economic, and social systems are equipped to handle the dematerialization of value chains brought about by digital change. They offer thought-provoking insights and potential scenarios for addressing these pressing issues.
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Dematerialization, Ralf T. Kreutzer
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- 2017
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